Central Bank

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The debt acquired and cancelled yesterday was a floating rate treasury bond that had been due to mature on June 18th, 2047. Photograph: Frank Miller

The Central Bank has sold a further €500 million tranche of debt connected with the collapse of Anglo Irish Bank. The latest transaction brings to €9.(...)

Former Irish Nationwide Building Society on Grafton St. Photograph: Frank Miller

Irish Nationwide Building Society’s former chairman, Michael Walsh, warned the Central Bank in 2007 of the impending financial crash and presided over(...)

Facebook has announced that it will no longer book non-US revenues from large advertisers through its Dublin unit. When fully implemented, the decis(...)

The Central Bank said the final deal was still subject to complex negotiations, which could swing in different directions.

Brexit continues to pose a serious risk to the Irish economy despite last week’s apparent deal on the Irish Border, the Economic and Social Research I(...)

Irish Nationwide;s former chief Michael Fingleton arrives to give evidence to the Central Bank inquiry on its collapse.Photograph Nick Bradshaw

The former chief executive of Irish Nationwide Building Society (INBS), Michael Fingleton, has claimed the Central Bank was out to get him before proc(...)

The hearings into practices at Irish Nationwide will continue into next year. Photograph: Alan Betson

An inquiry into alleged lending practice breaches at Irish Nationwide Building Society (INBS) has heard conflicting accounts from former chief executi(...)

Rainy day: report finds worst offender is the Central Bank, where pension assets cover just two-thirds of liabilities.

Six years on from the financial crash and almost €10 billion later, Ireland’s pension schemes are still effectively in just as much of a mess as they (...)

Competition and Consumer Protection Commission chairperson Isolde Goggin. Photograph: Eric Luke

The chairman of the Oireachtas Finance Committee has launched a blistering attack on the State’s competition authority and the financial services ombu(...)

The number of homes available to buy remains critically low, and this continues to exert upward price pressure in particular at the lower end of the market, where first-time buyers are desperate to move on from paying  rent.

A year further along in our so-called “economic recovery” and the property market remains dysfunctional. It’s an indictment of measures taken – or not(...)

Over the 12 months to July 31st, ICCL returned €387,000 to former CHC clients on foot of 20 claims certified by the defunct broker’s liquidator, Kieran Wallace of accountants KPMG. Photograph: Niall Carson/PA Wire

The State’s investor compensation fund has returned €7.4 million to former clients of Custom House Capital (CHC), the collapsed broker found to have m(...)

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